Industrial Cost Indicator
The Industrial Cost Indicator (ICI) was developed by CNI to capture the evolution of costs and their impact on the competitiveness of Brazilian industry. It is calculated quarterly and makes it possible to keep track of the short term evolution of costs, which is key for building and evaluating policies and actions in favor of competitiveness. The indicator began to be published in January 2013, but its historical series goes back to 2006.
Industrial cost indicator interrupts downward trend and records an increase in the fourth quarter of 2023
In the fourth quarter of 2023, the Industrial Cost Indicator (ICI) interrupted a sequence of five consecutive declines, which had been occurring since the third quarter of 2022, and showed an increase of 4.0%. With the increase, the indicator remains at a high level: 30.1% above the pre-pandemic level (first quarter of 2020).
April 4, 2024
